Income Tax Calculator FY 2025-26
Enter your taxable income and pick a regime — we'll compute the slab-wise tax, 87A rebate (if applicable), and 4% Health & Education cess. Useful for a quick sanity check before filing or tax planning.
Inputs
Note: comparison assumes the same taxable income. In practice, old regime allows extra deductions (HRA, 80C, etc.) so the actual taxable base is usually lower under old.
New regime slabs (FY 2025-26)
- ₹0 – ₹4 L → 0%
- ₹4 L – ₹8 L → 5%
- ₹8 L – ₹12 L → 10%
- ₹12 L – ₹16 L → 15%
- ₹16 L – ₹20 L → 20%
- ₹20 L – ₹24 L → 25%
- Above ₹24 L → 30%
87A rebate: taxable income ≤ ₹12 L gets full rebate (max ₹60,000), making tax effectively zero. Standard deduction of ₹75,000 is applied on salary income separately.
Old regime slabs
- Regular: 0% up to ₹2.5 L · 5% to ₹5 L · 20% to ₹10 L · 30% above
- Senior (60-79): 0% up to ₹3 L
- Super-senior (80+): 0% up to ₹5 L
- 87A rebate: ≤ ₹5 L → max ₹12,500
The old regime allows HRA, LTA, 80C (₹1.5 L), 80D, home-loan interest, etc. The new regime forgoes most of these in exchange for lower slabs + a higher rebate ceiling. For salaries below ~₹15 L, new regime is usually cheaper unless deductions exceed ~₹4 L.
Frequently asked questions
What is 'taxable income'?▾
Gross income (salary, business, capital gains, other) minus the standard deduction (₹75k new / ₹50k old) and minus chapter VI-A deductions (80C, 80D, etc., old regime only). Use the Take-home Salary Calculator if you want to start from CTC.
When does the 4% cess apply?▾
On the tax amount AFTER 87A rebate. If tax = 0 after rebate, cess = 0. The 4% breaks down as 2% Education + 2% Health (for higher / secondary education).
Can I switch regimes every year?▾
Salaried individuals can switch every FY. Business / professional income filers can only switch once in a lifetime, then must remain in the chosen regime.
What about surcharge on high incomes?▾
This calculator does not yet add surcharge for incomes above ₹50 L (10% / 15% / 25% / 37%). For complex cases above ₹50 L taxable, consult a CA. The base slab math here is otherwise complete.